Techint Group Profile 2013

20
The Techint Group PROFILE

Transcript of Techint Group Profile 2013

Page 1: Techint Group Profile 2013

www.techint.com

The Techint Group

PROFILE

Page 2: Techint Group Profile 2013

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Highlights

Ternium

Tenaris

PERMANENT EMPLOYEES

0

20132009 2010 2011 2012

30,000

20,000

10,000

40,000

50,000

60,000

TECHINT GROUP CONSOLIDATED COMPANIES’ HIGHLIGHTS USD Million

Revenues

Capital Expenditures

Total Assets

Permanent Employees

*

Increase before depreciation of tangible and intangible assets gross of divestitures.

2009

17,786

880

26,539

48,895

2010

19,092

1,544

28,039

54,205

2011

24,105

1,918

31,364

57,359

2012

25,477

2,282

33,755

59,196

2013

25,378

2,085

33,226

59,429

*

REVENUES

0

20132009 2010 2011 2012

USD

MIL

LIO

N

HEA

DCO

UN

T

12,000

8,000

4,000

16,000

20,000

24,000

28,000

SHIPMENTS OF STEEL PRODUCTS*

*Shipments of pig iron not included.

020132009 2010 2011 2012

THO

USA

ND

S O

F M

ETRI

C TO

NS

2,000

4,000

6,000

8,000

10,000

SHIPMENTS BY REGION IN 2013*

SOUTHERN REGION **2,633

OTHER MARKETS1,370

MEXICO4,985

**The Southern Region encompasses Argentina, Bolivia, Chile, Paraguay and Uruguay.

TOTAL 8,988 THOUSANDS OF METRIC TONS

SALES BY REGION IN 2013 USD million

NORTH AMERICA4,412

SOUTH AMERICA2,587

TOTAL 10,597

FAR EAST & OCEANIA520

EUROPE958

MIDDLE EAST & AFRICA2,120

SHIPMENTS OF TUBES

3,000

4,000

5,000

2,000

1,000

020132009 2010 2011 2012

THO

USA

ND

S O

F M

ETRI

C TO

NS

SEAMLESS WELDED

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Hig

Hli

gH

ts

TechinTengineering & consTrucTion

Tenova

TecpeTrol

humaniTas

BACKLOG OF ORDERS BY REGIONAS OF 12/31/13 USD million

TOTAL 2,374

*At end of period.

WORK PERFORMED BACKLOG OF ORDERS*

COMPANIES’ PERFORMANCE

3,000

2,000

5,000

4,000

1,000

02009 2010 2011 2012 2013

USD

MIL

LIO

N

BRAZIL682

MEXICO267

OTHER AMERICA284

ARGENTINA612

EUROPE, MIDDLE & FAREAST, AFRICA

529

BACKLOG OF ORDERS BY REGIONAS OF 12/31/13 USD million

TOTAL 2,065

TENOVA PERFORMANCE

*At end of period.

WORK PERFORMED BACKLOG OF ORDERS*

1,500

2,500

2,000

1,000

500

020132009 2010 2011 2012

USD

MIL

LIO

N 3,000

MIDDLE, FAR EAST & OCEANIA526

AFRICA252

CHINA282

EUROPE & CIS280

NORTH & SOUTH AMERICA724

PRODUCTION*

020132009 2010 2011 2012

MIL

LIO

N B

BL O

F O

IL E

QU

IVA

LEN

T

5

10

15

25

20

30

RESERVES PROVED*

06/30/1306/30/09 6/30/10 6/30/11 6/30/12

80

160

240

320

400

* Own working interest.* Own working interest.

E&P OPERATIONS SERVICE CONTRACTS

MIL

LIO

N B

BL O

F O

IL E

QU

IVA

LEN

T

E&P OPERATIONS SERVICE CONTRACTS

020132009 2010 2011 2012

20,000

40,000

60,000

80,000

100,000

120,000

HUMANITAS GROUP: OPERATIVE BEDS*

020132009 2010 2011 2012

200

400

600

800

1,000

1,200

1,400

*Inpatient, at end of period.

HUMANITAS GROUP: TOTAL ADMISSIONS

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Origins and Expansion

“Compagnia Tecnica Internazionale” - soon named TECHINT

after the original telex code - was founded as an international

corporation in 1945. The founder, Agostino Rocca, was an

innovative engineer, manager and entrepreneur, and a key

force behind the development of the Italian steel industry

in the 1930s.

The company began providing engineering services to a growing

number of clients in Latin America -to where Agostino Rocca

had traveled after World War II- and Europe. Construction

activities soon followed: the first major Techint engineering and

construction (E&C) project was a network of large diameter

pipelines in Argentina and Brazil. After building the southern

gas pipeline in Argentina (inaugurated in 1949) and completing other pipeline

projects, the E&C activities of the company extended during the 1950s to the field of

power infrastructure. In those early years, the company started the production of steel

structures and heavy mechanical parts and equipment near Buenos Aires in order to

support the industrial ventures which soon followed.

Fueled by Mr. Rocca’s vision, the company expanded and diversified its original

activities by building and then operating two seamless steel tube plants, one in

Veracruz, Mexico and the other in Campana, Argentina. Both plants began

production in 1954.

In the late 1960s, a flat steel cold-rolling facility was built in Ensenada, Argentina,

which was meant to be the first step of a planned fully integrated operation.

Steel manufacturing was now the main industrial activity of the Techint Group.

In the 1960s and 1970s, the E&C activities were developed further and farther,

establishing Techint as one of the world’s major pipeline builders, and a supplier

of turnkey plants for productions ranging from steel to petrochemicals.

In the 1980s important projects were undertaken in Argentina, Brazil, Ecuador and

Mexico, and the company diversified into new fields of activity, building the first nuclear

facilities and offshore platforms. In 1980 Techint Engineering & Construction was

among the first companies to adopt computer aided design (CAD) systems.

During the 1990s, the company made key contributions to energy integration

in the Southern Cone region, building the pipelines linking Argentina and Chile,

Bolivia and Brazil, and Brazil and Argentina. In the early 2000s Techint Engineering

& Construction undertook simultaneously two of the most challenging pipeline projects

ever: the OCP crude oil pipeline in Ecuador and the Camisea gas and LNG pipelines

project in Peru. The company also developed projects in Egypt and Nigeria, where it

carried out electromechanical assembly of power generation facilities and natural gas

liquefaction plants.

Currently, Techint Engineering & Construction is engaged in large projects in Argentina,

Brazil, Chile, Ecuador, Egypt, France, Italy, Mexico, Peru, United Arab Emirates and

other countries (see detailed references in the Techint Group Companies section of this

publication). In over sixty five years of activity, Techint Engineering & Construction has

Agostino Rocca(1895-1978),founder of theTechint Group.

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successfully completed more

than 3,500 projects in more

than 45 countries, and remains

engaged in large industrial

and infrastructure projects

worldwide.

The Techint Group’s steel pipes

business also continued to grow.

In the mid-1980s it undertook

a major, export-oriented

expansion of the Campana

mill and acquired Argentine

welded pipe maker Siat. In the

1990s it also acquired control

of the Veracruz mill in Mexico and the Dalmine seamless pipe mill in Italy. Steel pipe

manufacturing facilities were also, in time, acquired in Brazil, Venezuela, Japan,

Canada and Romania.

Tenaris, the company under which all the manufacturing and service activities in the

steel pipe business are grouped today, went public at the end of 2002 quoting in the

Buenos Aires, Mexico City and Milan stock exchanges and its American Depositary

Securities listed on the New York Stock Exchange.

With the acquisition of Maverick Tube Corp. in 2006 Tenaris became a leading

North American producer of welded oil country tubular goods (OCTG), line pipe

and coiled tubing for use in oil and natural gas wells. It also acquired a presence in

Colombia through TuboCaribe. Aiming for leadership in the premium market, Tenaris

in 2007 acquired Hydril, a renowned producer of premium OCTG connections in the

USA with a solid international presence. Two years later Tenaris acquired control of

Seamless Pipe Indonesia Java (SPIJ), an OCTG processing business with heat treatment

and premium connection threading facilities; shortly thereafter, Tenaris completed its

new premium threading facility in Saudi Arabia in order to supply customer Saudi

Aramco with TenarisHydril premium connections.

In November 2010 Tenaris rolled out the first pipe at its new rolling mill in Veracruz,

a major investment meant to complement the integrated global manufacturing network

and accompany the development of the oil and gas industry in North America.

With a similar aim, in September, 2013 Tenaris announced that it broke ground on

its first US seamless pipe mill in Bay City, Texas. The new facility will have an annual

production capacity of 600,000 tons of high quality seamless pipe and is expected to

begin operations in 2016. A major expansion project of the TuboCaribe plant is also

under way, with completion scheduled by 2015. When finished, the plant will reach an

output of 300,000 tons of welded and seamless pipes.

Tenaris is also increasing the production of sucker rods, with an expansion of the mill in

Veracruz, Mexico and the construction of a new mill in Conroe, USA.

From left to right:Gianfelice,

Agostino (1945-2001),Roberto (1922-2003)

and Paolo Rocca.

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Today, Tenaris is a leading supplier of tubes and related services for the world’s energy

industry and certain other industrial applications. It has an integrated worldwide

network of steel pipe manufacturing, finishing, service and research facilities with

industrial operations in North and South America, Europe, Asia, the Middle East and

Africa and a direct presence in most major oil and gas markets. Tenaris continues to

strengthen its competitive position investing heavily in research and the continuous

improvement of its talented workforce.

Cold rolling and downstream processing of flat steel in Argentina continued

to grow through the 1980s. In 1992, the Group acquired from the state a majority

share of Somisa, the largest integrated flat steel plant in Argentina, and brought

it up rapidly to international production standards through a major investment

program.

Steel coating and processing capacities were also expanded in the 1990s through

investments and acquisitions. All Argentine flat steel facilities were then integrated in

Siderar. In 1997, the Group participated in a consortium that acquired a controlling

share of Sidor, the largest steel company in Venezuela.

In 2005, Ternium was born, with the integration of Siderar, Sidor and Hylsa: acquired

in August of that year, Hylsa was the largest steel manufacturer in Mexico, and the

one with the highest level of vertical integration, from the extraction and processing

of iron ore to the manufacturing of high value added steel products.

In February 2006, Ternium closed its IPO on the New York Stock Exchange.

In 2007, Ternium took control over Grupo Imsa, a company with a strong presence

in Mexico and processing facilities in Guatemala and the United States. In 2008 the

Venezuelan government nationalized Sidor.

In 2010, Ternium completed the acquisition of Colombia-based Ferrasa, a leading

long and flat steel products processor and distributor. That same year, Ternium and

Nippon Steel signed an agreement to form a company in Mexico for the manufacturing

and sale of hot-dip galvanized and galvannealed steel sheets to serve the Mexican

automobile market.

In January 2012, Ternium, together with its subsidiary Siderar and Tenaris company

Confab, completed the acquisition of a stake in Usiminas joining its control group.

Usiminas is the largest flat steel producer in Brazil, with 9.5 million tons of crude steel

capacity. The company has strategically located facilities near the main consumers

of steel in Brazil and iron ore mines in the Serra Azul region.

In September of 2013 Ternium inaugurated an industrial center in Pesquería,

Mexico, realizing the project developed by Ternium and Tenigal, the joint venture

between Ternium and Nippon Steel & Sumitomo Metal Corporation.

Through its two main production lines, a cold-rolling mill and Tenigal’s hot-dipped

galvanizing mill, four cold processes and high-tech services for its operation, this

center will produce high-end steel mainly for the automotive industry, with annual

processing capacity of 1.5 million tons of cold-rolled steel and 400,000 tons of

galvanized steel.

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With an annual production capacity of approximately 10.9 million tons of finished

steel products and 4.4 million tons of iron ore Ternium is now one of the most

significant and dynamic players in the Americas. The company continues to invest

in its steel mills and in mining in order to increase production, improve quality

and draw synergies from process integration and product specialization.

The Techint Group experience and skills in plant making have, since the beginning,

been accompanied by the in-house manufacture of heavy equipment and industrial

machinery. Starting in the 1980s, a series of acquisitions and expansions in Italy had

multiplied the portfolio of products and leading technological solutions, particularly for

the metals and raw materials industries. Important international acquisitions of leading

companies took place in the mid 2000s under the Tenova brand, aimed at the dual

purpose of completing the offer in terms of technologies and products and broadening

and consolidating the geographical penetration. Today Tenova operates in 26 countries

across five continents and its product lines include innovative technologies for the metals

and the mining & minerals industries.

Activities in the metals industries span from the upstream processes involving raw

materials treatment and the steelmaking processes, up to the downstream phase

including both thermal and rolling and finishing processes, covering the key

segments of the industry.

In the mining & minerals industries, Tenova’s engineering and manufacturing

skills have long been applied to bulk handling and advanced mining technologies.

In 2012, through the acquisition of a leading global mining engineering house and

equipment supplier, Tenova has strengthened its offering, presence and operations,

by providing EPCM services and equipment covering most of the mining and

minerals processing and extractive metallurgy value chain.

During the 1990s the Techint Group invested in oil and gas blocks in Argentina

through exploration and production company Tecpetrol. Tecpetrol has acquired

operations in Venezuela, Bolivia, Ecuador, Mexico, Peru, Colombia and the United

States. In 2013 the concession of an important operated block in Argentina was

renewed until the year 2027.

Through Tecpetrol, the Group also holds operating interests in a number of

gas transportation businesses, such as Transportadora de Gas del Norte (TGN),

Transportadora de Gas del Mercosur (TGM) and Litoral Gas in Argentina and

Transportadora de gas del Perú (TgP) in Peru. The latter holds the concession of

the two Camisea trans-Andean pipelines, one for gas and one for liquids, whose

construction has been one of the most challenging projects undertaken by Techint

E&C. These Peruvian assets are in the process of being divested. Even so, Tecpetrol

continues to pursue the development of energy infrastructure projects, a synergic

field of activity involving all the major strengths of the Group.

In Italy, the Techint Group entered the health services sector in the mid-1990s by

building and managing Istituto Clinico Humanitas, a state-of-the-art hospital

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and medical research institute near Milan. Specialized company Humanitas has

subsequently acquired controlling interests in other important private hospitals in

Bergamo, Turin, Catania and Castellanza, where the successful technology-based and

patient oriented management model originally adopted in Istituto Clinico has been

replicated.

Humanitas continues to invest in new health and science facilities, consolidating its

position as a foremost private health concern in Italy.

For more than 10 years Istituto Clinico Humanitas has been a teaching center for

medicine, biotechnologies and nursing degrees thanks to an affiliation with the

University of Milan. Its Research Center has become a world-famous center of excellence

for immune system related diseases, from cancer to rheumatoid arthritis. Since 2010

Humanitas also hosts the international track of the University of Milan School of

Medicine.

Today, the Techint Group comprises six main companies operating worldwide through

numerous subsidiaries, supported by a workforce of experienced professionals and

skilled workers numbering 59,400 permanent employees. The global annual turnover of

companies of the Techint Group, public and non-public, was USD 25.4 billion in 2013.

The magnitude of operations of the main companies of the Techint Group may be

gleaned from the following table:

Techint group companies - significant dataTenaris: total (seamless and welded) tubes shipments in 2013 (million tons) 3.7Ternium: shipments of steel products* in 2013 (million tons) 9.0Techint Engineering & Construction: backlog of work as of December 31, 2013 (billions of USD) 2.4Tenova: backlog of work as of December 31, 2013 (billions of USD) 2.1Tecpetrol: operated and service contracts working interest in oil and gas production in 2013** (million bbl of oil equivalent) 30Tecpetrol: operated oil and gas pipelines at end-2013 (thousand kilometers) 12Humanitas hospitals admissions in 2013 119,200

* Excluding pig iron** Includes production from Libertador field (Ecuador)

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Values

Techint Group companies share an original philosophy of long term presence, commitment

to local development, and a passion for quality and technology. The success and growth of

companies also reflect a management approach based on continued investment in human

resources and the development of individuals’ competences and responsibilities in a safe

working environment where teamwork is as essential as a single’s drive and initiative.

Techint Group companies are “multilocal” industrial enterprises deeply rooted in the

countries where they operate, and are established with such objective in mind. Thus, they

possess a thorough understanding of local cultures, and are able to recognize, and draw

fully from local strengths and skills. Companies are committed to economic progress and

contribute to local development and growth through their output, investment in human

resources and investments aimed at improving the welfare of the communities in which

they operate. They respect, care for, and contribute to the quality of the surrounding

environment.

The management of Techint Group companies is renowned for its professionalism and

for the strict financial and operational control it exercises over all ventures. Thus, Techint

Group companies are ideal partners for business initiatives, and have often set up joint

ventures with both local and foreign partners wherever they have an established presence.

Techint Group companies aim for competitiveness in international markets, relying

on quality, technology and an understanding of their clients’ needs.

Techint Group companies have always prided themselves on their ability to manage

complex projects and integrate up-to-date technology in all fields of operation, beginning

with the companies’ own industrial and services facilities and the information and

communication technology links that allow them to operate worldwide.

A full understanding and evaluation of clients’ needs is a main principle of the Group’s

philosophy. Industrial, engineering and services companies strive to develop long-term

relationships with their clients.

Respecting the philosophy of its founder, it is not the policy of the Techint Group to engage

in purely financial activities.“Safe Hour” time in

Ternium’s plants.

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During more than 65 years of activity, the companies of the Techint Group have evolved,

building upon the vast amount of experience gained in such areas as steelmaking;

building of complex infrastructures; design and construction of industrial plants and

machinery; oil and gas exploration and production; and selected public services.

All along, companies have maintained a deep commitment to efficiency, quality, integrity

and respect of the value of individuals, promoting health and safety among employees,

being careful of the impact of operations on the environment, establishing transparent

and constructive relations with local communities, establishing long-term relationships

with customers and suppliers. Today, the companies of the Techint Group are active in

a small number of clearly circumscribed industries, where they have global or regional

prominence:

• Tenaris is a leading supplier of steel tubes and related services for the world’s

energy industry and certain other industrial applications;

• Ternium is a leading supplier of flat and long steel products in Latin America,

with steel manufacturing and processing facilities, and service and distribution centers

in the Americas;

• Techint Engineering & Construction carries out, from design to execution,

projects of high complexity in the oil & gas; energy; industrial plants; oil refineries

and petrochemical plants; mining; infrastructures and architecture civil works

market segments;

• Tenova is a worldwide supplier of advanced technologies, products and engineering

services for the metals and mining industries providing innovative, integrated solutions

for complete process areas;

Activities

Inauguration of the Roberto Rocca Technical School in Campana, Argentina.

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• Tecpetrol is involved in oil and gas exploration and development, as well

as in gas and natural gas liquids transportation and distribution projects,

in the Americas;

• Humanitas promotes, implements and manages health care initiatives, research

and teaching.

In addition, Techint Group company Exiros provides a wide range of industrial

procurement services to many of the above companies, negotiating more than 7.5 billion

dollars per year in purchases of raw materials, industrial goods and services for its

customers.

TenarisTenaris offers advanced product technology and integrated supply chain management

services on a global scale to customers such as the world’s major oil and gas companies,

as well as engineering and industrial companies.

Tenaris has manufacturing facilities in Argentina, Brazil, Canada, Colombia, Indonesia,

Italy, Japan, Mexico, Romania and the United States, a proprietary global service along

with a worldwide distribution network. Tenaris’s annual production capacity of seamless

pipes is 3.7 million tons. The company also has annual capacity of 2.6 million tons

of welded pipes, and employs 26,800 people worldwide.

Tenaris is the world leader in premium connections and is at the forefront in the

development of the tubular technologies required not only to operate in the most

demanding oil and gas fields, but also in high performance mechanical and structural

applications.

Tenaris is a public company, incorporated in Luxembourg, with its shares listed in Milan,

Buenos Aires and Mexico and its American Depositary Securities listed on the New York

Stock Exchange; it adheres to international standards of corporate governance, financial

transparency and information disclosure.

TerniumTernium is a leading steel producer in Latin America. It manufactures and processes a

broad range of value-added steel products - including galvanized and electro-galvanized

sheets, pre-painted sheets, tinplate, welded pipes, and hot-rolled and cold-rolled steel,

as well as slit and cut-to-length offerings through its service centers - for customers

operating in the construction, home appliances, capital goods, container, food, energy

and automotive industries.

Ternium also produces long steel products, such as bars and wire rod, and metal building

components. With an annual production capacity of 10.9 million tons of finished steel

products and 16,800 employees, Ternium has production facilities located in Mexico,

Argentina, Brazil (through a managing stake in Usiminas), Colombia, the southern

United States, and Guatemala, as well as a network of service and distribution centers

in Latin America. Ternium shares the Techint Group’s high standards of quality, efficiency

and industrial technology. Ternium is a public company with its shares listed on the

New York Stock Exchange (NYSE: TX).

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Techint Engineering & ConstructionTechint Engineering & Construction provides engineering, procurement, construction,

operation and management services for projects of great importance in worldwide

locations. The company’s multi-local presence allows it to have deep knowledge

of the technical standards, laws and regulations, taxes, financial entities, labor unions

and subcontractors in the regions where it operates.

Thanks to its large experience in the market, Techint Engineering & Construction

can develop high complexity projects, from design to execution, taking care of the

environment and the welfare of communities. With over sixty five years of experience

and employing 22,000 people worldwide, the company has completed more than 3,500

projects in compliance with ISO/BS/OHSAS international standards in America, Europe,

Middle East and Africa.

Currently, the company delivers services in the following market segments:

Oil & Gas, Energy, Industrial Plants, Oil Refineries and Petrochemical Plants, Mining,

Infrastructure and Architecture Civil Works.

TenovaTenova is a major international supplier of advanced technological solutions for the

metals and mining & minerals industries worldwide, targeting the need for quality,

efficiency and environmental safeguard of its clients. Its product portfolio embraces

a range of technologies and renowned brands with numerous references in most

countries (for details, see the Techint Group Companies section of this publication).

Tenova’s product lines of innovative equipment and services for the metals industry

include steel shop equipment, industrial furnaces, rolling & finishing technologies

and fully automated roll shops. Tenova also operates in the mining industry, providing

engineering and EPCM services, equipment and technologies covering mining, bulk

handling, minerals processing and extractive metallurgy.

The company has carried out an international expansion strategy to complete its offering in

terms of technologies, services and products, and to widen and strengthen its geographical

presence. Today Tenova’s network of companies operates in 26 countries over 5 continents

as an integrated, flexible, customer-oriented organization with solid local roots.

TecpetrolThe Techint Group has a long-standing record of involvement in America’s potential

for energy development and integration. With privately held Tecpetrol, the Techint Group

is active in the exploration and production of oil and gas fields in Argentina, Bolivia,

Colombia, Ecuador, Mexico, Peru, Venezuela and the United States.

Tecpetrol also participates in the operation of gas transportation companies, among them

Transportadora de Gas del Norte (TGN), Transportadora de Gas del Mercosur (TGM),

Litoral Gas in Argentina, and Transportadora de gas del Perú (TgP), the Camisea pipelines

company in Peru, as well as in other energy-related developments. The company also offers

maintenance services to Pemex in Mexico, in the Sistema 3 project. Synergies are achieved

with Techint Engineering & Construction, a top-ranking builder of oil and gas pipelines

and facilities worldwide.

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HumanitasIn Italy, the Techint Group is active in health care through the Istituto Clinico Humanitas

and the Humanitas Group. Humanitas promotes, implements and manages health care

initiatives, research and teaching.

The Humanitas Group includes the well established, research- and teaching-focused

Istituto Clinico Humanitas hospital near Milan, built by Techint, and prestigious private

accredited hospitals in Bergamo, Turin, Catania and Castellanza (Varese).

The delivery of health care in these structures is based on Humanitas’ economically

successful, patient oriented management model, supported by state-of-the-art technologies.

ExirosExiros is a global company that offers integral procurement solutions, from suppliers

scouting activities to inventory management and trading of raw materials, production

materials and equipment. Exiros centralizes the purchasing operations of Tenaris and

Ternium, the steel business companies of the Techint Group, and a portion of Techint

Engineering & Construction, consolidating over 8 billion dollars in purchases of a wide

range of categories, including the afore mentioned in trading, plus supplies, transport

and services. The company employs 500 people in Argentina, Brazil, Canada, China,

Colombia, Guatemala, Italy, Indonesia, Mexico, Nigeria, Romania, The Netherlands,

Uruguay, and the United States.

Fully owned by Tenaris and Ternium, Exiros aims to increase the efficiency of its

shareholders’ supply chains, leveraging on the support of more than 12,000 active

suppliers and performing more than 630,000 transactions every year.

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Techint Group Companies

Tenaris

Ternium

TechinT engineering& consTrucTion

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Tenova

TecpeTrol

humaniTasT

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CANADA

Edmonton

CalgaryRed Deer

Mississauga Toronto

Yalesville

PittsburghNew York

Sault Ste. Marie

Louisville

Cedar Springs

DenverHickman

CounceShreveportBakersfield

ConroeWestwego

Reynosa

MonclovaHouston

Monterrey

USA

México D.F.

Guadalajara

MEXICO

TRINIDAD&TOBAGO

VeracruzSan Luis Potosí

VillahermosaComalcalco

Colima

PueblaGUATEMALA

COSTA RICAPANAMA

EL SALVADOR

HONDURASNICARAGUAMaracaibo

CaracasBarcelona

Cartagena Pointe a Pierre

BogotáNeiva

Barrancabermeja

Montería

CaliManizales

Medellín VENEZUELA

COLOMBIAQuitoCoca

ECUADOR

PERU

BOLIVIA

LimaSanta Cruz de la Sierra

Lurin Belo Horizonte

Rio de JaneiroSão Paulo

URUGUAYRosarioMendozaSalta

CampanaSan Nicolás

MontevideoSantiago

Buenos AiresCHILENeuquén

ARGENTINA

Río Gallegos

Punta Arenas

Comodoro Rivadavia

BRAZIL

Hammerfest

NORWAY

TanangerVallentuna

LidköpingAberdeen

Rotterdam EssenCopenaghen

LiegeCoudekerque

Leipzig Katowice

Swiebodzin

WienParis

LauchhammerSwinoujscie

SWITZERLANDZalau

CalarasiMilan, Dalmine,Bergamo, Castellanza

Genoa

ValenciaMadrid

Turin

RomeSofia

EU

Catania

Bucharest

Moscow RUSSIAN FEDERATION

KAZAKHSTAN

Atyrau

Taschkent

UZBEKISTAN

TURKMENISTAN

THAILAND

VIETNAM

MALASYA

AlgerTripoli Misurata

LIBYAALGERIA

CairoEGYPT

Alexandria

Dammam

Doha

Basrah

Ashgabat

SAUDI ARABIA

BAHRAINQATAR

ISRAEL

TURKEY

IRAQ

Abu DhabiDubai

U.A.E.Mumbai

INDIA Kolkata

ChennaiNIGERIAGHANA

ANGOLA

GUINEA ECUATORIAL

LagosAccra

WarriPort Harcourt

LubaMalabo

JohannesburgMaputo

SOUTH AFRICA

MOZAMBIQUE

Beijing

Tianjin

CHINAQingdao

Shanghai

JAPANKawasaki

KanagawaSeoul

BatamSingaporeKuala Lumpur

INDONESIA

AUSTRALIABrisbane

BroomeDarwin

Cilegon Jakarta

Balikpapan

KOREA

Burnaby

Oklahoma City

Niagara FallsHamilton

Natal

PerthSydney

Luanda

Yokneam

ErbilAnkara

Bangalore

New Delhi

Bangkok

Ho Chi Minh

Astana

Almaty

London

Stavanger

16

Techint Group Companies in the World

Page 17: Techint Group Profile 2013

CANADA

Edmonton

CalgaryRed Deer

Mississauga Toronto

Yalesville

PittsburghNew York

Sault Ste. Marie

Louisville

Cedar Springs

DenverHickman

CounceShreveportBakersfield

ConroeWestwego

Reynosa

MonclovaHouston

Monterrey

USA

México D.F.

Guadalajara

MEXICO

TRINIDAD&TOBAGO

VeracruzSan Luis Potosí

VillahermosaComalcalco

Colima

PueblaGUATEMALA

COSTA RICAPANAMA

EL SALVADOR

HONDURASNICARAGUAMaracaibo

CaracasBarcelona

Cartagena Pointe a Pierre

BogotáNeiva

Barrancabermeja

Montería

CaliManizales

Medellín VENEZUELA

COLOMBIAQuitoCoca

ECUADOR

PERU

BOLIVIA

LimaSanta Cruz de la Sierra

Lurin Belo Horizonte

Rio de JaneiroSão Paulo

URUGUAYRosarioMendozaSalta

CampanaSan Nicolás

MontevideoSantiago

Buenos AiresCHILENeuquén

ARGENTINA

Río Gallegos

Punta Arenas

Comodoro Rivadavia

BRAZIL

Hammerfest

NORWAY

TanangerVallentuna

LidköpingAberdeen

Rotterdam EssenCopenaghen

LiegeCoudekerque

Leipzig Katowice

Swiebodzin

WienParis

LauchhammerSwinoujscie

SWITZERLANDZalau

CalarasiMilan, Dalmine,Bergamo, Castellanza

Genoa

ValenciaMadrid

Turin

RomeSofia

EU

Catania

Bucharest

Moscow RUSSIAN FEDERATION

KAZAKHSTAN

Atyrau

Taschkent

UZBEKISTAN

TURKMENISTAN

THAILAND

VIETNAM

MALASYA

AlgerTripoli Misurata

LIBYAALGERIA

CairoEGYPT

Alexandria

Dammam

Doha

Basrah

Ashgabat

SAUDI ARABIA

BAHRAINQATAR

ISRAEL

TURKEY

IRAQ

Abu DhabiDubai

U.A.E.Mumbai

INDIA Kolkata

ChennaiNIGERIAGHANA

ANGOLA

GUINEA ECUATORIAL

LagosAccra

WarriPort Harcourt

LubaMalabo

JohannesburgMaputo

SOUTH AFRICA

MOZAMBIQUE

Beijing

Tianjin

CHINAQingdao

Shanghai

JAPANKawasaki

KanagawaSeoul

BatamSingaporeKuala Lumpur

INDONESIA

AUSTRALIABrisbane

BroomeDarwin

Cilegon Jakarta

Balikpapan

KOREA

Burnaby

Oklahoma City

Niagara FallsHamilton

Natal

PerthSydney

Luanda

Yokneam

ErbilAnkara

Bangalore

New Delhi

Bangkok

Ho Chi Minh

Astana

Almaty

London

Stavanger

17

Te

ch

inT

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ou

p c

om

pan

ies

in T

he

wo

rld

Page 18: Techint Group Profile 2013

18

noTes

Page 19: Techint Group Profile 2013

19

NO

TE

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noTes

Page 20: Techint Group Profile 2013

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